{"id":187129,"date":"2026-06-25T17:27:08","date_gmt":"2026-06-25T17:27:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=187129"},"modified":"2026-06-25T17:27:08","modified_gmt":"2026-06-25T17:27:08","slug":"shiba-inu-shib-crashes-to-a-5-year-low-yet-makes-an-unexpected-comeback-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=187129","title":{"rendered":"Shiba Inu (SHIB) Crashes to a 5-Year Low, Yet Makes an Unexpected Comeback: Details"},"content":{"rendered":"

The self-proclaimed Dogecoin killer followed the red wave sweeping through the broader crypto market, with its price collapsing to its lowest level since May 2021.<\/p>\n

In a sudden twist of events, though, it reclaimed its position as the second-biggest meme coin.<\/p>\n

Trailing Behind DOGE Again<\/h2>\n

SHIB has slipped by another 15% over the past week and currently trades at around $0.000004104 (per CoinGecko). Perhaps the most evident reasons for the pullback are the bearish conditions across the entire market and waning interest in the meme coin niche.<\/p>\n

Other potential factors include the recent whale activity. The X account BSCN revealed<\/a> that a Shiba Inu investor who purchased 17.4% of the token\u2019s supply in August 2020 for less than $14,000 has moved 600 billion SHIB (worth $2.83 million) to a ForwarderV4 address.<\/p>\n

While some interpreted the move as a pre-sale step, BSCN clarified that nothing has been confirmed yet and promised to unveil further details in time. The X account also noted that the whale\u2019s position was worth a whopping $9.1 billion when SHIB\u2019s price reached an all-time high in 2021.<\/p>\n

Speaking on the meme coin was also James Wynn. The trader, known for his highly risky crypto bets, described<\/a> the asset as \u201cold, dead, and boring,\u201d predicting a potential revival in 5-10 years when \u201ca bit of nostalgia\u201d can bring it back.<\/p>\n

Despite its price slump, SHIB has once again secured its position as the second-largest meme coin. This happened after MemeCore (M) nosedived<\/a> by 76% in a single day amid allegations of manipulation. Dogecoin (DOGE) remains the undisputed leader of the niche with a market capitalization of almost $11.5 billion, while SHIB has less than $2.5 billion.<\/p>\n

More Pain Ahead?<\/h2>\n

The crypto market\u2019s conditions remain<\/a> unstable (to say the least), which could result in further declines for SHIB in the near term. The rising amount of tokens stored on crypto exchanges is another bearish factor.<\/p>\n

Earlier in June, the figure dropped<\/a> to a five-year low, but since then it has headed north sharply, suggesting that investors have been abandoning self-custody solutions and moving to centralized platforms, thereby increasing the likelihood of an additional sell-off.<\/p>\n

<\/a>SHIB Exchange Balance, Source: CryptoQuant<\/p>\n

\u00a0<\/p>\n

The post Shiba Inu (SHIB) Crashes to a 5-Year Low, Yet Makes an Unexpected Comeback: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The self-proclaimed Dogecoin killer followed the red wave sweeping through the broader crypto market, with its price collapsing to its lowest level since May 2021. In a sudden twist of events, though, it reclaimed its position as the second-biggest meme coin. Trailing Behind DOGE Again SHIB has slipped by another 15% over the past week […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-187129","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/187129"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=187129"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/187129\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=187129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=187129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=187129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}